In Vidarbha, Gadkari wears a tycoon mantle

October 18, 2012

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Mumbai, October 18: From a man who ran a family-owned furniture shop in a cobbled lane of Nagpur in the early nineties, 55-year-old Nitin Jairam Gadkari today, apart from being the president of the BJP, is the chairman of one of the biggest business groups in Vidarbha called Purti Group dealing in liquor, power, sugar, fuel, mineral and super bazaars.

Gadkari has come a long way from his days in student politics in ABVP (Akhila Bharat Vidyarthi Parishad) and RSS shakha worker; his political trajectory took a leap when an MLC from a graduate constituency in Nagpur expired. His proximity to RSS leaders helped him gain entry into the Vidhan Bhavan.

Even though the term was only for two years, Gadkari's path was chalked out very adroitly by a Nagpur journalist called Prakash Deshpande from Nagpur. Deshpande later became his personal assistant and key strategist.

Incidentally, Deshpande some years ago was found dead near the rail tracks between Deolali and Nashik. The case was never solved and it was closed with a remark that he fell down from the train in which he was travelling to Nagpur.

Gadkari, reportedly a leader with no mass-base, in 1995 first tasted the powers of being a minister after being given public works department portfolio when Shiv Sena -BJP came to power in Maharashtra. While he initiated several projects infrastructure projects in the state like Mumbai-Pune Expressway, his business venture Purti Group focussing on retail trading in the beginning also started flourishing.

In a span of five years, it started its first manufacturing company Purti Power and Sugar Ltd and today, it is regarded as one of the top sugar manufacturing companies in Vidarbha; as of now it is made of eight major group companies playing in sectors like power, sugar, fuel, minerals like manganese, iron and bio-fertilisers.

Gadkari, after his stint as a minister, never had to look back even though controversies continued to dog him at every juncture. A case in point some years ago was the discovery of the smothered body of seven-year-old girl Yogita Thakre, daughter of Gadkari's domestic help, inside his car. The case like that of Deshpande was given a quiet burial. And same happened to the questions that reared up when lakhs were splurged in the wedding of his son in Nagpur.

Gadkari's proximity with the RSS and the press also played a major role in helping him get out of soups he lands in. While his RSS god-fathers may have helped him in retaining him for the second term despite severe opposition from several quarters inside the party itself, his media friends have always bailed him out of tight corners when the BJP failed miserably in elections.


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News Network
November 11,2024

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The Manipur Kuki MLAs have released a statement calling out Solicitor General Tushar Mehta's 'lies' in the Supreme Court. In a joint statement, the MLAs, including those from the Bharatiya Janata Party, said they had not had any meeting with the Chief Minister since May 3, 2023, nor did they intend to meet him in the future as “he was the mastermind behind the violence”.

As per the MLAs, the SG lied about state CM N Biren Singh speaking to Kuki MLAs to control the situation there, in order to halt a Supreme Court probe into the leaked tapes which allege that Singh has been complicit in the violence that broke out between Kukis and Meitis there.

"We...clarify that we have never had any meeting with Chief Minister, Shri N. Biren Singh since May 3, 2023, nor have any intention to meet him in future as he is the mastermind behind the violence and ethnic cleansing of our people from the Imphal valley, which is continuing till today, the latest being the brutal killing and burning of Mrs Zosangkim Hmar on November 7, 2024," the letter read, while condemning the recent 'barbaric' killing of the woman there, and noting the SG's assertion is 'tantamount' to misleading the top court.

“We, the undersigned ten MLAs, have come to know that during the Supreme Court hearing held on November 8, 2024, the Solicitor General of India submitted that ‘CM is meeting all Kuki MLAs and trying to bring the situation down to get peace’. In this connection, we hereby categorically state that this submission is a blatant lie and tantamount to misleading the Hon’ble Supreme Court of India,” the statement said.

The Supreme Court, while hearing a petition by a Kuki organisation, asked that it submit audio tapes to substantiate its claim that the Chief Minister was instrumental in inciting and organising violence in the northeastern State.

Solicitor-General Tushar Mehta orally informed the court that the Chief Minister was meeting all the Kuki-Zo MLAs and that peace in the State had come at a huge cost.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 15,2024

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Union minister Amit Shah on Friday, November 15, said PM Narendra Modi will amend the Waqf Act despite opposition from leaders like Uddhav Thackeray and Sharad Pawar.

"Modi ji wants to change the Waqf Board law, but Uddhav ji, Sharad Pawar and Supriya Sule are opposing it," Shah said, addressing a rally at Umarkhed in Maharashtra's Yavatmal district.

"Uddhav ji, listen carefully, you all can protest as much as you want, but Modi ji will amend the Waqf Act," he said. Shah said there are two camps in the November 20 Maharashtra assembly polls, one of 'Pandavas' represented by the BJP-led Mahayuti and the other of 'Kauravas' represented by Maha Vikas Aghadi.

"Uddhav Thackeray claims that his Shiv Sena is the real one. Can the real Shiv Sena go against renaming Aurangabad to Sambhajinagar? Can the real Shiv Sena go against renaming Ahmednagar to Ahilyanagar? The real Shiv Sena stands with the BJP," Shah said.

"Rahul Baba used to say that his government would credit money in the accounts of the people instantly. You were unable to fulfil your promises in Himachal, Karnataka, and Telangana," he said.

Shah said the Mahayuti alliance has promised that women will get Rs 2,100 per month under the Ladki Bahin Yojana. "Kashmir is an integral part of India and no power in the world can snatch it away from us," Shah said.

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